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Dollar In Defensive Mode | Investing.com

Thursday starts with the weakness in the and new all-time highs in the . The second part should not be a surprise but the weakness of the USD is something new in 2020. To show you the drop on the USD, we will use the DXY, so a Dollar…

USD: U.S.-China Trade Deal Finally Here

Today is the day the United States and China have been preparing for – the day the two countries sign “Phase One” of the U.S.-China trade deal. President Trump and the China lead negotiator for the deal, Liu He, will meet in Washington to…

Forex Setups: USD/CHF, AUD/CHF, EUR/CHF

There still is one safe haven showing great strength: the . We will start with a small update about the , which we were talking about a few days ago. Back then, we pointed at the flag pattern and the price bouncing from the crucial…

GBP/USD: The Pound Remains Under Pressure

After the release of fresh UK macro data (at 09:30 GMT), continued to decline on Wednesday, trading at the moment near the 1.2995 mark and the EMA50 support level on the daily chart. The dynamics of the pound, which has already fallen by…

USD/CAD: Current Dynamics And Scenarios

Against the backdrop of the weakening US dollar, the pair broke through the key support level 1.3205 (EMA144 and EMA200 on the daily chart) last month and reached 1.2957 in early January. Further decline and breakdown of the long-term…